Annual report pursuant to Section 13 and 15(d)

Asset Retirement Obligations (Tables)

v2.4.0.8
Asset Retirement Obligations (Tables)
12 Months Ended
Jun. 30, 2013
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations Roll-Forward
The following table summarizes the asset retirement obligation activity for the fiscal years ended:
 
June 30,
 
2013
 
2012
 
(In thousands)
Fiscal year opening balance
$
7,784

 
$
11,397

Liabilities assumed
3

 
3,035

Liabilities incurred

 
398

Accretion expense
433

 
568

Sale of assets

 
(6,773
)
Revision to estimate
(758
)
 
(603
)
Effect of exchange rate changes
(583
)
 
(238
)
Fiscal year closing balance
6,879

 
7,784

Less current asset retirement obligation
476

 
329

Long term asset retirement obligation
$
6,403

 
$
7,455